Mtl JP 23:33 GMT January 20, 2016
Trades now
aud 6938 would be 3x top
views hence appreciated
hillegom Purk 23:29 GMT January 20, 2016
Trades now
Yes Dil.
Mtl JP 23:17 GMT January 20, 2016
MONEY
dc CB your last sentence reminded me of yellen's October 9, 2013 3) We can and must safeguard the financial system assertion
dc CB 23:11 GMT January 20, 2016
MONEY
QE has no effect on the Velocity because the Money never leaves the Big Banks or the top tier. It's just traded between//among themselves...CASH and Treasuries and stocks back and forth and forth and back. They loan it to Corporations and they just buy back their own stock or take out other corporations.
And the FMOC Member ignores this obvious flaw and they scratch their heads (in public) but in private they no doubt know exactly what's going on but it pays for them act perplexed. Because they work for the Banks and not for the benefit of society.
Livingston nh 23:01 GMT January 20, 2016
MONEY
Reply
Basic problem the CBs don't understand is that QE MUST stimulate VELOCITY -- buying MONEY does not create NEW MONEY -- stronger economies will get stronger while the weaker die
Livingston nh 22:43 GMT January 20, 2016
YEN
Reply
BUY the USD/JPY -- s/t you may see intervention -l/t yen can't fight Asian competition
Livingston nh 22:18 GMT January 20, 2016
FOMC
Reply
If you read the transcripts you see they are confused about an exit strategy / but they fall in line with Ben - so now we pay the fkin price
Livingston nh 22:10 GMT January 20, 2016
Wednesday's Trading Thread
A single commodity governing Monetary policy -- if Fed sticks with this as an excuse they should be impeached or maybe we don't need a Fed
Livingston nh 21:50 GMT January 20, 2016
Wednesday's Trading Thread
I missed the fact that both indictaors were delayed - anyway the demise of oil continues -- keep in mind that before Saddam's demise the trade was 21 -23 // there is no support here
dc CB 21:46 GMT January 20, 2016
Wednesday's Trading Thread
Cushing inventories built 63k, rising for the 12th week in a row. Gasoline stocks rose once again (+4.7mm)
Distillates also (+1.5mm). via ZH
dc CB 21:44 GMT January 20, 2016
Wednesday's Trading Thread
API + 4.6m Build
and Feb went off the boards at 26.76...so March has at least a buck to the downside
Livingston nh 20:59 GMT January 20, 2016
Wednesday's Trading Thread
Harry Reid - market analyst - what do you do in your spare time/// ??????
dc CB 20:57 GMT January 20, 2016
Wednesday's Trading Thread
*REID: LAWMAKERS SHOULD `STAY CALM' DESPITE STOCK MARKET DROP
*REID: TOO EARLY TO TALK ABOUT RESPONSE TO STOCK-MARKET DROP
Harry Reid, Democratic Senate Leader from Nevada - Las Vegas. Now giving SToX advice as fellow - "insider trading is legal for us cuz we wrote the law that sez so" -Law Makers watch their portfolios evaporate.
all it took was 16 trading days to get the piggies to start squealing.
GVI Forex john bland 20:52 GMT January 20, 2016
HIGH IMPACT EVENTS
Reply
WEEKLY HIGH IMPACT NEWS:
21-Jan Thursday
10:00 EZ- final HICP
12:45 EZ- ECB Decision
16:00 US- Weekly Crude
22-Jan Friday
All Day flash PMIs
09:30 GB- Retail Sales
13:30 CA- Retail Sales
13:30 CA- CPI
Livingston nh 20:51 GMT January 20, 2016
Wednesday's Trading Thread
Not a BEAR Market yet - stox jump first // BBRG jumpimg on oil as a factor for decline (stupid) - regardless Bears start elsewhere and the market always gives you one last chance
london red 20:38 GMT January 20, 2016
Wednesday's Trading Thread
its quite sharp so may be a typical bear mkt rally although its not clear if its a bear mkt yet. the real test comes c. 1910/15, if can get above then technically youd want to buy the next pullback. not sure the fundamentals back this up so you have to be happy with shorter timeframes.
dc CB 20:36 GMT January 20, 2016
Wednesday's Trading Thread
Margin calling for U Mr. Shorty.
zerohedge @zerohedge 14m14 minutes ago
S&P REBOUND ACCELERATES, CUTS LOSS TO 0.7% FROM AS MUCH AS 3.7%. Led by the most shorted stocks as repo desks force shorts to cover
london red 20:15 GMT January 20, 2016
Wednesday's Trading Thread
s&p. another 2 or 3 pts and prev high. so if taken they will do evens on the day. a pretty good save if so. even if not taken then likely to close 43/44 still not bad considering what came before.
PAR 20:12 GMT January 20, 2016
Banco monte dei pasche
Reply
It is over and out for this bank . ECB will suffer huge losses.
It is Draghi who is responsible for this mess. Draghi will have to go.
Worst ECB could do is throwing more good money after bad money. Taking more stupid actions after stupid actions
More negative rates?. Supporting more Italian criminals ?
ECB under Draghi is a complete disaster.
GVI Forex john bland 19:41 GMT January 20, 2016
Wednesday's Trading Thread
Street estimates for API crude are on the order of +2.50mln barrels later this afternoon.
Mtl JP 19:28 GMT January 20, 2016
Wednesday's Trading Thread
http://www.federalreserve.gov/monetarypolicy/files/FOMC_ExtCommunicationParticipants.pdf
john the gang will do whatever it wants - with those in the circle
Israel Dil 19:08 GMT January 20, 2016
Trades now
PURK
do you have any active short 16060 and above?
Israel Dil 19:07 GMT January 20, 2016
Trades now
PURK
so you have any active short 16060 and above?
GVI Forex john bland 18:52 GMT January 20, 2016
Wednesday's Trading Thread
fwiw Fed is now in its pre-meeting quiet period before its Meeting in a week. So we should not hear any reassuring words from any top officials before that meeting. I don't if there are any exceptions to the blackout rule.
london red 18:48 GMT January 20, 2016
Trades now
it they can get thru 1843/44 (spoos about minus 8 pts) then there will likely be a short killing rally as a bear trap form thru shs neck. straddles at this stage are about 15 pts so not worth risk even so.
Mtl JP 18:31 GMT January 20, 2016
Trades now
have to go thru 1.0975 first
Saar KaL 18:29 GMT January 20, 2016
Trades now
expecting eurusd near 1.12 this week
Saar KaL 18:26 GMT January 20, 2016
Trades now
Just the bull attitude towards eurcad Purk
Must say i was too early shorting it
Hillegom Purk 18:22 GMT January 20, 2016
Trades now
Why? I do nothing! I define the range and that's it...
Saar KaL 18:21 GMT January 20, 2016
Trades now
Long EURCAD and USDCAD
Hats off to purk
Paris ib 18:20 GMT January 20, 2016
The Euro, Schengen and the Refugees
Reply
In the game for full spectrum dominance Europe is (apparently) being beseiged by a 'refugee' crisis. This is a nearly thirteen years AFTER the 'Coalition of the Willing' illegally invaded Iraq (total population 33 million) in an attack which killed upwards of 1.500.000 people and, by some estimates created 6 million refugees. 6 million is a big number. And these people have been displaced and living in refugee camps since 2003-2010. And never a whisper about any mass migration into Europe during that time. Let's not go into the attack on Afghanistan or Libya... now we have Syria. Where the Coalition has been arming extremists and mercenaries in an attempt to unseat Assad. Why? No idea. Ask the deviants. But I digress. So now the Syrians (total population 22 million) have 'reportedly' got 6 million refugees and they are all headed to Europe. Quickly and en masse.
Europe suddenly have a migration crisis? Why now? FWIW: I posit that this is an extension of the attack on the Euro which began (post Lehman and TARP and all that) as the nasty Greek bond market crisis which, with the help of complicit ratings agencies and dodgy politicians in Europe, helped shore up support for the ailing USD. Hard not to conclude that the current 'migration crisis' is being stage managed. Trouble is the real 'threat' to the USD is coming from China and Russia. And somehow I don't see these two countries being as easy game.
Those that want to buy USDs on the back of all this can. But - as per usual - buyer beware. Perhaps you are being had.
Heinz-Christian Strache blames the U.S. for current refugee crisis
Saar KaL 18:17 GMT January 20, 2016
Trades now
Reply
Long EURJPY
Long EURUSD and Gold
Hillegom Purk 18:17 GMT January 20, 2016
oily boily ranges (Brent crude oil)
Reply
Well still a 1,5 buck range day, still making a new low, so nothing changed really. But this is coming to an end soon...
Tomorrow will be longing at new low, yawn...
Hillegom Purk 18:17 GMT January 20, 2016
oily boily ranges (Brent crude oil)
Reply
Well still a 1,5 buck range day, still making a new low, so nothing changed really. But this is coming to an end soon...
Tomorrow will be longing at new low, yawn...
london red 18:07 GMT January 20, 2016
Wednesday's Trading Thread
1843/44 is want they want to close at or better. that rescues the daily shs. for spoos 8 pts lower or thereabouts. so that would be initial res for this rally and if to go lower in immediate future then most hold below.
Livingston nh 17:59 GMT January 20, 2016
Wednesday's Trading Thread
well my day ended 25 mins ago so I am going to lunch for a few hours so as not to do harm -- I recommend looking at Spanish Italian Portugese bond yields (or EM, OPEC of your choice) in the midst of the yield meltdown elsewhere
dc CB 17:59 GMT January 20, 2016
STOX
WASHINGTON — The U.S. regulator that polices the complex derivatives markets is struggling to keep its own books in order and has made a material error that its auditor found so significant that it withdrew nearly a decade of its financial opinions, according to documents seen by Reuters.
The Commodity Futures Trading Commission understated liabilities by $194 million (136.87 million pound) in fiscal 2014 and $212 million the following year, the agency's auditor KPMG [KPMG.UL] estimated in the documents. The understatements are the equivalent to more than 75 percent of the CFTC's $250 million annual budget.
CFTC's management responded to KPMG’s report by saying that it is investigating whether accounting rules were broken.
Exclusive: KPMG Withdraws Audit Opinions on CFTC Over Accounting Error-Documents
Israel Dil 17:56 GMT January 20, 2016
Oil
Buy Crude
Entry: Target: $38/$40.50/$66.66 Stop:
MM
Israel Dil 17:55 GMT January 20, 2016
eur/cad ranges
Sell EURCAD
Entry: Target: 1.42 Stop:
MM
Livingston nh 17:54 GMT January 20, 2016
STOX
cb - sounds like a PLAN to me // Meanwhile the Good and the Great concern themselves with AI ROBOTS --- ah well
Maribor 17:52 GMT January 20, 2016
Oil
Reply
There seems to be no uncertainity regarding oil price as it will certainly go down.
Turn shall be round the corner.
dc CB 17:50 GMT January 20, 2016
STOX
Livingston nh 17:31 GMT
JP PPT on the slopes @ Davos
+++++++++++++++++++++++++++++++++++++
like I wrote last nite...they've taken most of your savings, paying you 0.01% fror 10 years. they forced you into stocks. now they're taking that too, in less than a month's time.
And it's Gone.
Davos 2016 - The Great Shafting
have some lead in your water...have some toxins in your air...U are no longer needed.
Livingston nh 17:40 GMT January 20, 2016
STOX
all the gaps are above - utilities look a bargain on dividend and lower energy cost -- the p/e has been repaired // now you either think RECESSION or NOT -- you payz your money and takes your choice
GVI Forex john bland 17:37 GMT January 20, 2016
STOX
wti $27.64 -1.91 LOD $27.57
london red 17:37 GMT January 20, 2016
Wednesday's Trading Thread
1790 is 23.6 fall of devil bottom/all time high. add 8 pts for spoos.
GVI Forex john bland 17:36 GMT January 20, 2016
STOX
10-yr 1.949% -9.8 bp
GVI Forex john bland 17:32 GMT January 20, 2016
Wednesday's Trading Thread
Key S&P support at 1820 cleanly broken. I hear the next target is 1777. What I see next is 1738? Any other key levels that anyone else sees?
Mtl JP 17:32 GMT January 20, 2016
STOX
10-yr gives 1.96%
Livingston nh 17:31 GMT January 20, 2016
STOX
JP PPT on the slopes @ Davos
Mtl JP 17:29 GMT January 20, 2016
STOX
Babson kind numbers
DJIA -539.61 -3.37%
nazdog -323.76 -3.48%
SNP -66.87 -3.55%
-
so far
think ppt can prevent bloodshed today?
Mtl JP 17:16 GMT January 20, 2016
CURRENT CONDITIONS: Risk-Off As Of European Close
fear
http://www.telegraph.co.uk/finance/financetopics/davos/12108569/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html
fear to some , opportunity to other
only a matter of direction
Maribor 17:15 GMT January 20, 2016
Hedging
Reply
I guess big boyz think that as USDRUB is moving opposite to oil, they can hedge falling oil prices with selling RUB. Everything looks fine till the moment when they will try to unwind hedge. My guess there is not enough liquidity for that moment.
wallstreet bankster 16:41 GMT January 20, 2016
e/j
yes,yes ab , we are watching it very closely , not be relaxed , ahahahaha .
hk ab 16:24 GMT January 20, 2016
e/j
Jay, have you studied "GVI effect" decently? Another s/l posted on GVI and got hit in 1hr....
Mtl JP 16:21 GMT January 20, 2016
Wednesday's Trading Thread
view from experts
Floor for oil prices may be closer to $25, Credit Suisse says
Livingston nh 15:26 GMT January 20, 2016
STOX
JP - that was last week down 500+ pts -- stox recover first because money from everywhere else has to go some place -- away from treasurys to much FI risk, commods ?? risk - so stox
Mtl JP 15:24 GMT January 20, 2016
STOX
also stox AND bonds crashing at same time
london red 15:24 GMT January 20, 2016
STOX
nasty looking 3 years shs on s&p with neck around about current 40/43. but i reckon if can collapse today to 1790/1800 they run it back up by end of week. needs a nice clean drop with no front running the days before. a monthly close below the next argues for the 38.2 c. 1575 but wise to take care when shorting us stocks, better to buy after fallouts as janet has your back.
Mtl JP 15:23 GMT January 20, 2016
STOX
nh need to see Babson kind of numbers
Livingston nh 15:19 GMT January 20, 2016
STOX
Reply
Over 1100 new lows so far -- this is capitulation day
hk ab 15:18 GMT January 20, 2016
dlrcad
Reply
also buy dlrcad with RF on 1.4520.
london red 15:17 GMT January 20, 2016
BREAKING NEWS
cable prev lt low 14226/30. should offer res. if not will be first time an initial res beaten and may be stops. all the same worth a short as while under 14370/80 still chance to do 14060/80 and id say wait for a bounce.
hk ab 15:15 GMT January 20, 2016
e/j
Reply
ok, try one more time long 127, s/l 126.7 (ask)
london red 15:07 GMT January 20, 2016
BREAKING NEWS
no surprises here. mkt talked itself into a cut. still outlook for cad not rosy. if they can run under 144 nice area to pick up longs 14380/50. important to let bears have their day.
GVI Forex john bland 15:06 GMT January 20, 2016
BREAKING NEWS
"The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.
Inflation in Canada is evolving broadly as expected. Total CPI inflation remains near the bottom of the Bank’s target range as the disinflationary effects of economic slack and low consumer energy prices are only partially offset by the inflationary impact of the lower Canadian dollar on the prices of imported goods. As all of these factors dissipate, the Bank expects inflation will rise to about 2 per cent by early 2017. Measures of core inflation should remain close to 2 per cent.
......
All things considered, therefore, the risks to the profile for inflation are roughly balanced. Meanwhile, financial vulnerabilities continue to edge higher, as expected. The Bank’s Governing Council judges that the current stance of monetary policy is appropriate, and the target for the overnight rate remains at 1/2 per cent."
Bank of Canada maintains overnight rate target at 1/2 per cent
GVI Forex john bland 15:01 GMT January 20, 2016
BREAKING NEWS
Mild Surprise from BOC
Paris ib 14:59 GMT January 20, 2016
USD/JPY: the canary in the coal mine
Break below 117.00 opening the way for a test of 115.00 in the near term. This continues to be very negative for stocks... not surprisingly the market is getting clobbered. The run up to the next FED meeting sure is going to be interesting.
The ECB meeting, despite the hoopla and the panic, is probably NOT going to come out with screaming DOVISHNESS tomorrow. First, that would be unprofessional and second, it wouldn't solve anything anyhow and would probably make a bad situation worse. I mean they may as well come into the room screaming and waving their arms around.... so don't expect the ECB to save the buck with some mega dovish statement. Right now we are getting to a situation where its every Central Bank for themselves. Si salva chi puo'.
london red 14:52 GMT January 20, 2016
Wednesday's Trading Thread
loonie straddles are about 80 pips so thats initial sup/res on reaction. any more than that and can go further.
Paris ib 14:42 GMT January 20, 2016
USD sell off PART II
FWIW:
"in November... a monthly net TIC outflow of $3.2 billion....
After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, overall net foreign purchases of long-term securities are estimated to have been $18.2 billion"...
The capital inflows have been absent now for quite some time.
TIC data November 2015
Mtl JP 14:41 GMT January 20, 2016
Wednesday's Trading Thread
u ll never out-click the dealer
if u insist on trading use a parametered OCO and take your chances with spread
GVI Forex 14:33 GMT January 20, 2016
Wednesday's Trading Thread
USDCAD 1.4640
BoC up next. Opinions split so any suggestions if unchanged or if it cuts rates?
GVI Forex 14:27 GMT January 20, 2016
Breaking News
Venezuela reportedly requests extraordinary Opec meeting
GVI Forex john bland 13:33 GMT January 20, 2016
BREAKING NEWS
Housing Starts/Permits miss.
GVI Forex john bland 13:31 GMT January 20, 2016
BREAKING NEWS
CPI miss
london red 13:27 GMT January 20, 2016
BREXIT
different folks have different agendas but finance will be largely unaffected. you will still have to do business through london in the majority.
GVI Forex john bland 13:24 GMT January 20, 2016
HIGH IMPACT EVENTS
API data comes out on the close today EIA Thursday at 16:00 GMT due to Monday holiday.
Livingston nh 13:12 GMT January 20, 2016
BREXIT
Reply
red - any opinion on UK banks hype vs actual plans for London if Brexit debate tightens up
Livingston nh 13:04 GMT January 20, 2016
HIGH IMPACT EVENTS
JP - re: nuland - I don't know - a lot of irons in the fire tho - horse trading with somebody else's horse (whose?)
london red 13:01 GMT January 20, 2016
HIGH IMPACT EVENTS
I would say that us rate expectations are what is going to drive the pair in the next few months.
Livingston nh 13:00 GMT January 20, 2016
HIGH IMPACT EVENTS
JP - true it is uncomfortably crowded today -- no API yesterday left no guidance/expectation into today's oil stats // above 1.46 USD/CAD tempted to lighten up again
Livingston nh 12:53 GMT January 20, 2016
HIGH IMPACT EVENTS
ECB has a growing bank problem (not just in Italy) and Germany in its current political state can't tolerate another financial bailout debate ANYWHERE in the EU - so if Draghi needs to buy time w/ some new, improved Action as opposed to a Promise he will probably get approval // as always, the program will not be tailored to FIX the problem BUT that's not the immediate GOAL in buying time
Mtl JP 12:48 GMT January 20, 2016
HIGH IMPACT EVENTS
a spark - strategically placed - could affect crude price
GVI Forex Jay Meisler 12:47 GMT January 20, 2016
HIGH IMPACT EVENTS
Red, I have read several updates over the past few days calling for another ECB rate cut in the first half, some say March and some say June. Point is that expectations are for more ECB ease.
london red 12:43 GMT January 20, 2016
HIGH IMPACT EVENTS
Draghi himself is usually v dovish when speaking alone but not sure he has support from his colleagues to do any more at this stage. I think they are going to need a few inflation prints before they are convinced to take more action as other data has been ok going by their standards. so i think april at earliest.
GVI Forex Jay Meisler 12:41 GMT January 20, 2016
Wednesday's Trading Thread
I posted this on GVI Forex earlier (low since then 1.0897)
EURUSD (low 1.0900): 1.09 has traded 5 days in a row and 9 out of the 12 trading days this year, 8 our t of past 9 days, 2 of those exceptions were in the first 3 days
NY JM 12:35 GMT January 20, 2016
HIGH IMPACT EVENTS
and ECB meets tomorrow and what is for sure is that Draghi will be dovish.
london red 12:08 GMT January 20, 2016
HIGH IMPACT EVENTS
the BOJ meets next week which means folk likely to avoid chasing downside too much. i dont think we will be able to hold below 115.50 into next week, though they may run stops if equities allow.
london red 12:04 GMT January 20, 2016
HIGH IMPACT EVENTS
Dont think we see cut from Canada today. Not sure what 25bps cut achieves as rates are already low and cad weak. If oil rebounds so will cad, cut or no cut. But any rebound likely to be technical in nature so unlikely to last. The only way they would cut is if they were to think about qe and i think its too early for that. think the us needs to price out rate hikes first this year before canada will do qe. either way tone for cad is still to weaken so i expect they will buy 2-3 figs dips if presented.
Hillegom Purk 12:03 GMT January 20, 2016
eur/cad ranges
Reply
Nice very nice. We keep on seeing new highs, and every pullback bought, so longs are still preferred, and that all the way down to 152-153...
For now 15960-161! Yawn day will be 15960-159-16250...
Yearly Low 14950, yearly high 161 ALREADY.
Normal range yearly 2000-2500.
So we are looking at 14950 + 2000....
Lets see,...
GVI Forex john bland 12:00 GMT January 20, 2016
HIGH IMPACT EVENTS
nh- I've been thinking about that. Tokyo cannot be happy at all with USDJPY here. These days Japan has a number of low-profile ways to intervene. They must be beyond their point of pain. These levels on the exchange rate are highly deflationary. Action of some type is inevitable.
LA PTS 11:59 GMT January 20, 2016
Early Alert
GBPUSD profit booked in the target zone (above 1.4125) as indicated
Livingston nh 11:54 GMT January 20, 2016
HIGH IMPACT EVENTS
John - nice call on th 10 yr treasury // China shifting pressure to HKD /// Do you think Japan's FinMin still has the intervention playbook?
GVI Forex john bland 11:21 GMT January 20, 2016
HIGH IMPACT EVENTS
WEEKLY HIGH IMPACT NEWS:
20-Jan Wednesday
13:30 US- CPI
13:30 US- Housing Starts/Permits
15:00 US- BOC Decision
21-Jan Thursday
10:00 EZ- final HICP
12:45 EZ- ECB Decision
16:00 US- Weekly Crude
22-Jan Friday
All Day flash PMIs
09:30 GB- Retail Sales
13:30 CA- Retail Sales
13:30 CA- CPI
GVI Forex john bland 11:20 GMT January 20, 2016
HIGH IMPACT EVENTS
Reply
Today sees a number of high profile releases with the Bank of Canada policy decision at the top of the list. Opinions are reportedly split evenly on whether they cut or not. Put me in the rate cut camp.
GVI Forex john bland 11:10 GMT January 20, 2016
Wednesday's Trading Thread
DAX -290
futures
DJ -317
SP -36
10-yr
US 1.981% -6.5bp
DE 0.422% -5.4bp
GB 1.621% -6.8bp
wti (March) $28.77 -0.80
EUR mostly higher on its crosses, except vs. JPY as carry trades are unwound.
Hong Kong 10:07 GMT January 20, 2016
AceTraderFx Jan 20: Daily Recommendations on Major -USD/JPY
Reply
Update Time: 20 Jan 2016 09:10 GMT
USD/JPY - 116.78
Dollar's yesterday's rally above Tuesday's high at 117.44 to 118.11 in European morning, intra-day selloff and subsequent breach of last Friday's fresh 4-1/2 month trough at 116.51 signals recent erratic downtrend has resumed and consolidation with downside bias would be seen for weakness towards 116.15/20.
However, loss of momentum should keep price above support at 115.85 and yield rebound.
On the upside, only above 117.69 would indicate a temporary low has been made instead and turn outlook bullish for a stronger retracement towards 118.11.
GVI Forex john bland 10:01 GMT January 20, 2016
Global-View Trading Technologies
EURUSD has been stuck in a range for many months. Note the 100-day moving average is now just below 1.10 and the 200-day is creeping lower as well. No momentum at all.
hk ab 09:52 GMT January 20, 2016
dlr/jpy
Reply
such an early intervention?
Where's Obama? Why no one criticize Japan intervening at this level? LOL
GVI Forex john bland 09:45 GMT January 20, 2016
Wednesday's Trading Thread
Reply
OIl and S&P suddenly have turned higher and undermined the EURUSD. We remain in an equities/oil driven market.
london red 09:37 GMT January 20, 2016
BREAKING NEWS
eurgbp. big prev low at 7764, a break there took us all the way dwn to 69 cents. so a big level to clear topside. also 7740 is 50% of 57/97 cents. both of these levels vital on a monthly closing basis as is 144 month ema at 7767.
market is in midst of an inverse shs but id expect circa 75 cents test before monthly closes abv those mentioned levels.
cable. final tgt 14060/80 while below 14370/80
GVI Forex john bland 09:33 GMT January 20, 2016
BREAKING NEWS
UK data generally better than expected
GVI Forex john bland 09:32 GMT January 20, 2016
BREAKING NEWS
U.K. Employment November/December 2015
-- NEWS ALERT --
Claimant Count: -4.300 vs. +3.000 exp. vs. +3.900 (-2.200)prev.
ILO Rate: 5.10% vs. 5.20% exp. vs. 5.20% prev.
earnings x-bonus: +1.9% vs. +1.80% exp. vs. 2.00% prev.
earnings: +2.00% vs. +2.10% exp. vs. +2.40% prev.
TTN: Live News Special Offer
HK [email protected] 08:49 GMT January 20, 2016
Mass mania
Reply
Y.day there was here a small mass mania to bull the AUD, which has been proven wrong.
Same USD/CAD may bottom at about 1.64xx, so take your tme folks.
dc CB 03:12 GMT January 20, 2016
Oil heads to 19$/pbl
The Need to Cull the Herd.
wiping out all your savings, which you were "forced" to put into SToX, 'cause there woz ZERO Yield everywhere else.
Sorry boy, good luck surviving on the street.
Yrs
Manny I Pulation
posted from DAVOS...where else!
LA PTS 02:41 GMT January 20, 2016
Early Alert
Reply
Sell GBPUSD
Entry: 1.5171 Target: Stop:
Time: 00:35 GMT trade was put on. Target is open but support is at 1.5125 so anywhere above that unless you wan to wait for UK jobs.
Hong Kong 02:00 GMT January 20, 2016
AceTraderFx Jan 20: Intra-Day Market Moving News and Views (USD/JPY)
Reply
20 Jan 2016 01:32GMT
USD/JPY - ....... The greenback found support at 117.23 yesterday in Asian morning and rose to intra-day high at 118.11, however, renewed selling there pressured the pair lower and price dropped to 117.31 in New York afternoon. Despite a brief recovery to 117.69 in Australia, renewed weakness in Nikkei-225 index sent dlr lower and price fell to 117.26 in Tokyo morning.
Pay attention to the release of U.S. CPI mm and yy at 13:30 GMT. Street forecasts are 0.0% and 0.8% vs previous readings of 0.0% and 0.5% respectively.
Offers are now lowered to 117.50/60 and more above at 117.70/80 with stops building up above there whilst initial bids are noted at 117.00/10, suggesting selling on pullback is favored.
dc CB 01:54 GMT January 20, 2016
Oil heads to 19$/pbl
so the logical conclusion: The Need to Cull the Herd.
India/China: Air you can't breathe without risking an early death.
USA The in the Former Industrial Heartland, Chevy's Fords, Chryslers Built here: Lead in the Water...not just the recent Press about Flint Michigan. But a variation of that happened in Wash DC, when they changed the formula at the water treatment plant.
dc CB 01:28 GMT January 20, 2016
Oil heads to 19$/pbl
when true price discovery dosen't exist then wild irrational swings occur. This of course is the the reason that TPD(true Price...) has been banished from the market. A he]] of a lot more money can be extracted when there are wild swings unfounded in basic fundamental ANALysis.
Why woz Oil at $100+++, Why was Gasoline well over $4, why did NE retirees have to chose between eating or heating their homes?
we are now in the downswing... yeh it cud go to $10...
Islael Dil 01:20 GMT January 20, 2016
Oil heads to 19$/pbl
YES!
Plesident Tlump sounds OK, especially with Lassie (outsoulcing) comes back home theme he stalted balking
Israel Dil 01:10 GMT January 20, 2016
Oil heads to 19$/pbl
Buy Crude
Entry: Target: Stop:
Botex is China version of Botox, same same only little diffelent
Israel Dil 01:07 GMT January 20, 2016
Oil heads to 19$/pbl
Buy Crude
Entry: Target: Stop:
"Petroleum products include transportation fuels, fuel oils for heating and electricity generation, asphalt and road oil, and the feedstocks used to make chemicals, plastics, and synthetic materials found in nearly everything we use today."
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what's the average daiy closing price of the last 20 years (DMA 7300 / 5000)?
USA held USD 300m of Iranian funds, with interest the Iranian side got back 1.7b... looks like some believes that with Chinese made Botex the price of oil also be untouched :-)
Mtl JP 00:16 GMT January 20, 2016
Oil heads to 19$/pbl
any next time the Brits get in a dust up w/ the Germans would likely be cyber type making MR President useless
Sydney ACC 00:09 GMT January 20, 2016
Oil heads to 19$/pbl
As you correctly pointed out oil is probably in its sunset years as an energy source. As a component in the manufacture of synthetics that will go on forever, that, however, provides a fraction of its current usage.
If at current levels US producers can't turn a dollar its inevitable some will shut down with a rally occurring in the normal course of events. Where that leads us its anyone's guess.
Livingston nh 00:04 GMT January 20, 2016
Oil heads to 19$/pbl
JP - next time the Brits get in a dust up w/ the Germans they better hope Trump isn't referred to as MR. President
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